Debit cards for credit union

SLIGO Credit Union Continues to Thrive with €18.1 million Advanced in Loans to the Local Economy in 2017.

The AGM of Sligo Credit Union was held on Tuesday 5 th December at The Southern Hotel. A good attendance of members saw the reporting of another successful year for the over 20,000 members in Sligo.

Chairman Fergus MacNabb advised members in his report that the €18.1 million that Sligo Credit Union lent to its members assisted the education of their children, improvements to their homes, the changing of cars and dealing with unexpected financial demands.

He outlined that one of the many advantages that a Credit Union brings to a town is that the vast majority of this money is spent in the local economy which protects employment in local businesses and services.

Fergus was also delighted to announce that our application for provision of a Debit Card for our members was approved by the Central Bank and that this would be coming on board in the future.

He also said: “We are very pleased that we have a full on-line service available and several hundred members are now availing of this facility.

“Once set up, there is no requirement to call into us in Stephen Street to transfer funds to a third party or to withdraw a cheque – the funds can be transferred to third parties from your phone, computer or tablet.

“We encourage members that would like to use this service to contact us and we will gladly arrange access.”